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Internal dossier criticises Audi top management: Bild
June 24, 2017 / 10:10 PM / 6 months ago

Internal dossier criticises Audi top management: Bild

FRANKFURT (Reuters) - German luxury carmaker Audi’s (NSUG.DE) management board, including Chief Executive Rupert Stadler, has been sharply criticised by company managers, Bild am Sonntag reported on Sunday, citing an internal dossier.

FILE PHOTO: Audi CEO, Rupert Stadler poses next to an Audi SQ5 before the company's annual news conference in Ingolstadt, Germany, March 15, 2017. REUTERS/Lukas Barth

It said the executive board had shown no signals of a fresh start, change or readiness for the future, and that workers were frustrated with “disastrous” indecisiveness.

Stadler has come under fire for how he has handled the fallout from parent company Volkswagen’s (VOWG_p.DE) diesel emissions scandal.

Munich prosecutors have been investigating Audi on suspicion of fraud and criminal advertising in the United States, where the Volkswagen scandal broke in September 2015.

Stadler only got a five-year contract extension last month because of an agreement among supervisory board members that he would not serve out his full term, two sources close to the company’s supervisory board have told Reuters. [[nL8N1J109A]

An Audi spokesman said: “We deny plans to get rid of Stadler,” adding that he declined to comment on the content of the dossier.

Volkswagen is looking at rehiring the chief executive of General Motors’ (GM.N) Opel, possibly to lead Audi, a source familiar with the matter told Reuters this month, following his resignation from Opel. [nL8N1J936F]

Bild am Sonntag also quoted Oliver Blume, the head of Porsche, Volkswagen’s sportscar division, as saying he had no interest in replacing Stadler.

“I have a dream job and am very happy at Porsche. Nothing else comes into question for me.”

Reporting by Georgina Prodhan; Editing by Nick Zieminski

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